Even if we drop back down to 11k Today, 40K by April.
Not before mid january, but no later than the end of april.
Caveat; if we do ever drop *Below* 11k, around 8800, it won't be till summer.
And lol, if we break down to bloody 4k, then 40k may be delayed to the end of 2020 at the latest!
Which is still a better return on your investment than most other opportunities, even if you buy today. Still loads better than any other opportunity with this low of a barrier to entry for the vast majority of people globally, which is precisely why everyone loves it and will keep buying every dip for the foreseeable future - even if the bubble bursts every time on the way up.
Caveat; if we do ever drop *Below* 11k, around 8800, it won't be till summer.
And lol, if we break down to bloody 4k, then 40k may be delayed to the end of 2020 at the latest!
Which is still a better return on your investment than most other opportunities, even if you buy today. Still loads better than any other opportunity with this low of a barrier to entry for the vast majority of people globally, which is precisely why everyone loves it and will keep buying every dip for the foreseeable future - even if the bubble bursts every time on the way up.
But even that was just a high-and-tight bullflag that retested the previous high only once, and only with a wick.
The only time this whole chart ever dives below the weekly 200 moving average is also the first and only time it even touched it: Right when it pops up on the chart, 200 weeks into bitstamps existance.
Look how ichimoku projects that weekly 200 out to 11k right now.
Bitcoin is here to stay.